406 W 1st ST, Lampasas TX 76550

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $373,218. I'd recommend coming to market at $484,000 to $537,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 76550, this price point stands out as competitive. At 1,093 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 42 years newer than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in 76550, ranging from $350,000 to $749,900. The trend in 76550 shows prices have fallen 3.2% in the past 6 months. 706 Brown ST, Lampasas TX 76550 nearby adjusts to $260,601; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group